to be cool, good or great etc. To be used as a word of delight. Mostly used on msn messenger, but can also be used in daily conversation. Founder : Nikki B
12 step recovery jargon referring to someone new who talks about how great life is, now that they're sober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.